Being a World-Class Credit Leader in the Age of Digital Transformation


This Hackett Group research is an actionable summary that drills down on ‘how’ World-Class companies have leveraged digital transformation to excel over their peers

Contents

Chapter 01

Executive Summary

Chapter 02

Understanding World-Class Credit and A/R

Chapter 03

What Differentiates World-Class

Chapter 04

What Drives World-Class A/R Performance?
Chapter 01

Executive Summary


What is Digital Transformation?

The next big thing for Credit and A/R

As per the Hackett Group survey, a majority of finance executives agree that digital transformation will bring about fundamental change in financial services within a short time frame.

  • 97% believe that digital transformation will bring step-change impact on finance function
  • 91% expect it will have fundamentally change finance services delivery model in 3-5 years
  • 86% believe it will fundamentally change the talent and leadership skills
  • However, only 35% think that their teams have the ability and resources to execute on the digital transformation vision

The next big thing for Credit and A/R

Finance leaders agree that digital transformation will drive efficiencies in finance!

Finance leaders need to propel digital transformation

Finance leaders need to propel digital transformation!

Recommendations


Webinar

Transforming Shared Service Workforce: Why Ignoring AI…

Abstract

While you are struggling to adopt AI & automation in your O2C processes,…

60 min

Webinar

Working Capital Innovations During a Crisis

Abstract

Learn strategies, tools, process and technology innovations that could alleviate challenges related to…

60 min

Blog

Credit Insurance for Securing the Bottomline and…

Abstract

The Need For Credit Insurance In today’s business landscape, credit insurance helps to…

5 min